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8br - Mixed use building for sale with business (Jamaica, NY)

8BR / 8.5Ba available now
Welcome to 200-01 Hollis Ave, a lucrative investment opportunity nestled in the heart of Saint Albans, Queens. This property features a dynamic mix of residential and commercial spaces, including a 3-bedroom and a 2-bedroom apartment, alongside three commercial units ranging from 1,100 to 4,500 square feet, with one currently vacant and attracting high offers. Generating a current income of $116,400 and with a projected market rate income of $160,800, this property promises substantial returns. Boasting a desirable location, flexible zoning, and updated certificates of occupancy, along with manageable expenses totaling $22,000, it presents a solid financial opportunity for savvy investors seeking both stability and growth in their portfolios. Acquire this prime real estate offering in Queens.

post id: 7744652385

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